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Michael Covel's Trend Following

Ep. 616: Bitcoin, Trend Following and Taking Losses with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Investing, Business

4.6730 Ratings

🗓️ 18 December 2017

⏱️ 27 minutes

🧾️ Download transcript

Summary

Please enjoy my monologue Bitcoin, Trend Following and Taking Losses with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

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I’m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I’m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.

To start? I’d like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/

You can watch a free video here: https://www.trendfollowing.com/video/

Can’t get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

My social media platforms:
Twitter: @covel
Facebook: @trendfollowing
LinkedIn: @covel
Instagram: @mikecovel

Hope you enjoy my never-ending podcast conversation!

Transcript

Click on a timestamp to play from that location

0:00.0

Before I jump into this really passionate episode, and I hope I don't sound like when you listen to this, that I got too worked up.

0:08.8

But I'm pretty passionate.

0:10.1

But a quick holiday announcement, for those of you out there, and I'm not going to tell you what the limitation is, I'm just going to say you should act right now. For those of you that have

0:24.1

been wanting to purchase my flagship product, those new people that have not yet made the purchase,

0:31.5

you want to email me right now. Michael at covel.com. That's my first name, at my last name.com.

0:40.9

I'm here to make your holiday happy.

0:43.7

But you better email me now because the offer is limited.

0:47.6

Now let me jump right into my episode today. Someone told me long ago there's a calm before the storm.

1:09.9

I know it's been coming for some time.

1:19.6

With it's over, so they say, it'll rain a sunny day.

1:25.6

I know.

1:31.5

Shining down like water.

1:34.3

I love that old CCR song.

1:38.2

Takes me back to when I was a kid, maybe six years old,

1:41.3

driving to school in my father's Jeep.

1:50.9

Listening to CCR on an eight-track tape, now forever burned onto the back of my brain.

1:56.8

But I love it. Isn't that lyric so great for this day and age?

2:03.6

When quite possibly the biggest trend that we've ever seen. And there's no reason to call it a bubble yet.

2:07.6

It's just a trend.

2:08.6

It's a massive, exponential, accelerated move

2:13.6

across the cryptocurrency world. Wow. Takes your breath away, right? Now, of course,

2:23.5

everyone can't be a winner. There will be losers. Imagine that. But guess what? Most people

...

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